Solution manual for Fundamental Financial Accounting Concepts 11th Edition By Thomas Edmonds

# Solution Manual for Fundamental Financial Accounting Concepts 11th Edition By Thomas Edmonds

Students studying financial accounting often find themselves overwhelmed by the vast amount of information presented in their courses. Instructors, on the other hand, aim to help students understand the broader picture of financial accounting in business. “Fundamental Financial Accounting Concepts” by Thomas Edmonds offers a unique approach to developing accounting skills by focusing on financial statement effects, using traditional debits and credits. This method encourages students to ask the crucial “why” questions that delve into the fundamental workings of accounting.

By utilizing the financial statements model and horizontal transaction analysis, students can easily grasp how various business events impact financial statements. The book’s clear writing, along with popular lecture videos, helps equip students with essential critical thinking skills needed for future business decision-making and leadership roles.

## About the Authors:

– **Mark A. Edmonds, Ph.D., CPA**: Assistant Professor at the University of Alabama at Birmingham, with a focus on data analytics integration in the accounting curriculum.
– **Jennifer Echols Edmonds, Ph.D.**: Associate Professor at the University of Alabama at Birmingham, specializing in financial and managerial accounting.
– **Professor Olds**: Associate Professor at Virginia Commonwealth University, coordinating introduction to accounting courses.
– **Thomas P. Edmonds, Ph.D.**: Professor Emeritus at the University of Alabama at Birmingham, actively involved in teaching accounting principles.
– **Christopher T. Edmonds, PhD**: Professor at the UAB Collat School of Business, known for developing engaging face-to-face and online accounting courses.

## FAQ

### 1. What is the approach taken in “Fundamental Financial Accounting Concepts”?
The book emphasizes financial statement effects, using a traditional approach of debits and credits to help students understand the impact of business events.

### 2. Who are the authors of the book?
The authors include Mark A. Edmonds, Jennifer Echols Edmonds, Professor Olds, Thomas P. Edmonds, and Christopher T. Edmonds.

### 3. What skills does the book aim to equip students with?
The book aims to equip students with critical thinking skills necessary for future business decision-making and leadership roles.

### 4. Are there any additional resources provided with the book?
The book provides popular lecture videos to complement the content and enhance student learning experience.

### 5. What teaching awards have the authors received?
The authors have collectively received numerous teaching awards, recognizing their dedication to education and student success.

## Conclusion

“Fundamental Financial Accounting Concepts” offers students a unique approach to understanding financial accounting principles. Through a focus on financial statement effects and traditional accounting methods, the book encourages critical thinking and curiosity in students. With the expertise of the authors and additional resources provided, students are well-equipped to navigate the complexities of financial accounting in a business context.